08/12/2015
FCA rules out face-to-face recording requirement under EU rules
The Markets in Financial Instruments Directive rules will be introduced by the EU in January 2017.
Legal, Regulation & Compliance
08/12/2015
RUTH SUNDERLAND: Why the resignation of FCA boss John Griffith-Jones is well overdue
The language used to criticise the Co-op’s conduct is damning in the extreme.
08/12/2015
The new EU succession regulation – how will Switzerland be affected?
It has direct binding effect and will apply in all EU Member States except for the United Kingdom
08/12/2015
FIX Trading Community announces new Regulatory subgroups focused on MiFID
Shared ideas and experience will not only establish tangible guidelines but will enhance compliance through the implementation of industry standards.
08/12/2015
SEC arrests Russian hedge fund manager in unprecedented hacking scheme of unreleased financial news
The SEC has also included NTS Capital as a defendant in the case.
08/12/2015
A rather disturbing benefit of having a good City job
Privately educated City banker who glassed a clubber in a row over his dancing is spared jail because judge says it would hurt his high flying career
08/11/2015
Law firm invests in wealth and pension specialist to boost private client growth
Morton Fraser partner Sue Hunter said: ‘Norman’s recruitment is part of a growth strategy in Morton Fraser’s wealth management team.
08/11/2015
Co-op Bank Avoids £120m Fine Over Near-Collapse
Statements about capital are crucial to readers of banks’ financial statements.
08/11/2015
Greek markets surge as Athens clinches bailout deal
Greek financial markets surged on Tuesday after Athens agreed a multi-billion-euro bailout deal with international lenders.
08/11/2015
Volaw establishes presence in Cyprus
Volaw’s presence in Cyprus is part of a growth strategy that has already seen the establishment of a presence in Zurich
08/11/2015
German watchdog worried over forex manipulation
The upheaval at the banks come as they have faced severe criticism from German regulators
08/11/2015
Half million pound FCA fines against Catalyst directors upheld
Fines totalling half a million pounds levelled against the former CEO and a director of failed traded life settlement investment firm Catalyst have been upheld.
08/11/2015
Barclays exits continue as M&A legal chief departs for International law firm
He specialises in M&A and corporate finance transactions in the financial institutions sector, having previously been Head of the M&A Legal team at Barclays.
08/10/2015
Banks braced for mis-selling bombshell
Big lenders warn of potential multi-billion pound compensation claims in new payment protection insurance scandal
08/10/2015
Greek Banks at Risk of Collapsing
This needs to be done before the autumn stress tests of Greek banks are conducted.
08/10/2015
NZ Super Fund's debt claim against Portuguese bank OK'd for UK court
The central bank of Portugal bailed out BES, splitting its assets and loans into a good and bad bank, with the bank's main shareholders forced to leave their interests in the bad bank.
08/10/2015
Anderson Strathern boosts private client team
Law firm Anderson Strathern has bolstered its team in Edinburgh by hiring the former head of rival DWF’s Scottish private client practice.
08/10/2015
Wealth planning update - Withers
With this newsletter we would like to bring to your attention a number of international developments that are likely to be relevant for clients and their advisers alike.
08/10/2015
EC rules out Mifid II implementation delay
Mr Cornwall said firms will clearly be making estimates and probably bringing in quite heavy contingencies
08/10/2015
Treatment of companies managed outside Jersey
Jersey companies may (contrary to the default position) be treated as exclusively tax resident in jurisdictions other than Jersey pursuant to Article 123(1)(a) of the Income Tax (Jersey) Law 1961.